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Internet Security Threat Report 2014

There's conflicting evidence today concerning the state of the dotcom industry in Britain following the loss of more Net jobs.

ESouk -- a privately owned dotcom incubator fund with an interest in a handful of companies -- said it intended to shed a number of jobs because of the volatility of the sector.

It will cut its workforce from 22 to seven, it said. The losses are small compared to the 101 jobs which will go at Belfast-based Lution announced earlier this week.

By contrast, a report prepared for Andersen Consulting predicts that the Net will create 850,000 jobs in Britain within the next three years.

No one from ESouk was available for comment by press time.

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